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Goshen, KY vs McHenry, KY

121
Goshen
Kentucky
VS
+108.4%
58
McHenry
Kentucky

The cost of living difference between Goshen, KY and McHenry, KY is dramatic. McHenry is 108.4% cheaper than Goshen, a gap that translates to thousands of dollars per year in household expenses. Goshen has a cost index of 121 while McHenry sits at 58, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Goshen is $2,148/month compared to $673/month in McHenry — a 219% difference. Home values follow the same pattern: McHenry is more affordable at $74,600 median vs $281,000.

Median household income in Goshen is $96,429 compared to $39,583 in McHenry (+143.6%). While Goshen is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Goshen spend roughly 26.7% of their income on rent, more than the 20.4% in McHenry.

Income & Cost

Cost of Living Index
Goshen
121
McHenry
58
52% cheaper
Median Household Income
Goshen
$96,429
59% higher
McHenry
$39,583

Housing

Median Rent
Goshen
$2,148
McHenry
$673
69% cheaper
Median Home Value
Goshen
$281,000
McHenry
$74,600
73% cheaper
Population
Goshen
1,004
McHenry
355

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Goshen $2.89
McHenry $2.89
US $3.07
🥚
Eggs (grade A, large)
Goshen $2.36
McHenry $2.36
US $2.50
🥛
Milk (whole)
Goshen $3.80
McHenry $3.80
US $4.03
🍞
Bread (white)
Goshen $1.75
McHenry $1.75
US $1.85
🍗
Chicken breast
Goshen $3.91
McHenry $3.91
US $4.14
Electricity
Goshen $0.15
McHenry $0.15
US $0.19